Bitcoin, Ether ETFs Stay Green as XRP Funds See Outflows

Bitcoin ETFs Add $54 Million While Ether Posts Third Straight Gain

Institutional demand for crypto exchange-traded funds (ETFs) remained resilient as the week progressed, though inflows moderated compared with earlier sessions. Spot bitcoin ETFs recorded $53.87 million in net inflows, marking the fourth consecutive day of positive flows.

The gains were distributed across several funds, with Blackrock’s IBIT once again leading the pack. IBIT attracted $46.15 million, accounting for the bulk of the day’s inflows. Fidelity’s FBTC added $15.30 million, while Grayscale’s Bitcoin Mini Trust recorded $4.99 million in fresh capital. Ark & 21Shares’ ARKB rounded out the inflow group with $3.03 million.

Not every fund finished the session in the green. Grayscale’s GBTC posted $9.88 million in outflows, and Bitwise’s BITB saw $5.72 million leave the fund. Even so, the inflows were strong enough to keep the category positive. Total trading volume reached $2.59 billion, with net assets closing at $90.47 billion.

Ether ETFs continued their own winning streak. Spot ether ETFs recorded $72.37 million in inflows, extending their run to three consecutive days of gains. The surge was driven primarily by Fidelity’s FETH, which brought in $52.02 million.

Blackrock’s ETHA followed with $18.68 million, while smaller contributions came from Bitwise’s ETHW at $885.26K and Franklin’s EZET with $781.53K. Importantly, no ether ETF recorded outflows during the session, reinforcing investor demand. Trading activity reached $625.82 million, while net assets climbed to $11.86 billion.

Altcoin ETF flows told a more mixed story. XRP ETFs recorded $6.08 million in net outflows, with withdrawals split between 21Shares’ TOXR, which saw $3.09 million exit, and Franklin’s XRPZ, which lost $2.99 million. Trading activity totaled $9.26 million, leaving net assets at $967.77 million.

Meanwhile, solana ETFs posted $3.92 million in inflows, all of which flowed into Bitwise’s BSOL. The fund’s gains helped push total net assets to $824.87 million, with $24.80 million in trading volume recorded during the session.

In summary, Thursday extended the positive momentum for major crypto ETFs. Bitcoin funds logged a fourth straight day of inflows, ether ETFs continued their three-day rally, and solana products posted modest gains. XRP ETFs were the lone segment to finish in the red, reflecting a still-selective flow environment across crypto investment products.

FAQ📊

• Why did bitcoin ETFs record a fourth straight day of inflows?
  Bitcoin ETFs attracted $53.87 million in inflows largely due to continued institutional demand, with Blackrock’s IBIT leading the gains and driving the fourth consecutive day of positive flows.
• Which ether ETF recorded the largest inflow on March 12?
  Fidelity’s FETH led ether ETF inflows with $52.02 million added, making it the primary driver behind the sector’s $72.37 million net gain.
• Why did XRP ETFs experience outflows during the session?
  XRP ETFs saw $6.08 million in withdrawals due to outflows from 21Shares’ TOXR and Franklin’s XRPZ, which outweighed activity in other funds.
• Which fund contributed to solana ETF inflows?
  All $3.92 million of the solana ETF inflow came from Bitwise’s BSOL, helping push total net assets in the category to $824.87 million.